EXCITING FALL SEASON UNDERWAY AT MOUNTAIN RIDGE AT PANTHER VALLEY

Fast-Selling Townhome Community Prepares to Welcome First Residents

KitchenALLAMUCHY, N.J. –- Fall is quickly shaping up to be a significant and exciting season at Mountain Ridge at Panther Valley, the popular collection of competitively-priced three-bedroom townhomes rising within this well-established residential neighborhood in Allamuchy Township.

Most notably, Mountain Ridge is preparing to welcome its initial residents, signifying the transition from a construction site to an active, lived in neighborhood is underway, according to Baker Residential, which is developing the community amidst the rolling hills of scenic Warren County.

“The arrival of our first homeowners is one of the most important milestones in the progress and development of this community,” says Sales Representative Hollis Schlip.

“Soon, visitors will not only be able to see first-hand the elegant floorplans, picturesque location and activity-rich environment at Mountain Ridge, they’ll also be able to experience the close-knit atmosphere that will define the community as new neighbors move-in, become acquainted and begin fostering friendships. And to better provide a comprehensive glimpse into this true lifestyle at Mountain Ridge, we expect to open an on-site sales center in early November.”

While activity abounds on the development front at Mountain Ridge, sales continue to soar in the community’s recently released second phase of townhomes. The impressive number of sales recorded has allowed Mountain Ridge to emerge as one of the most successful selling new-home communities in northwest New Jersey.

Much of the appeal of Mountain Ridge stems from its well-appointed housing designs, affordable introductory pricing and exclusive neighborhood environment. The sought-after housing opportunity has proven to generate strong interest from a variety of purchasers – ranging from young couples and growing families to empty-nesters looking to scale down to more manageable homes.

“Customers have jumped at the opportunity to purchase a home in one of New Jersey’s most desirable locations at very competitive prices starting from just $249,990,” says Ms. Schlip. “This indicates there’s a large number of buyers who recognize now is the time to buy to receive great value and considerable demand for homes that offer well-planned and modern living spaces at a fraction of the cost for similar residences further east.”

Sales at Mountain Ridge at Panther Valley have been further fueled by the opportunity for homebuyers to make a well-educated and informed decision at the community thanks to “Simple Steps to Homeownership” seminars which provide a comprehensive look at the purchasing process at the suburban neighborhood. Scores of prospects have turned out for the events which offer detailed information on buying a home and tours of some of the buildings under construction at the magnificent new community.

Topics include an overview of development and sales, selections of interior features and colors, description of orientation meetings and warranty information. Attendees can also speak and receive advice from a mortgage specialist on loan options and the fact that Mountain Ridge is expected to be approved by the Federal Housing Administration (FHA) has had strong appeal to first-time buyers. This means qualified buyers could take advantage of friendly FHA financing that requires only 3.5% down.

“The opportunity to take advantage of federal programs is certainly a draw for many young professionals purchasing their first home,” says Barbara Cohen, another Baker Sales Representative. “On the other hand, empty-nesters looking to trade in large single-family homes with no longer needed bedrooms and tiresome upkeep appreciate the low-maintenance, care-free lifestyle.

“Simply put, Mountain Ridge offers something for everyone.”

Five different designs are offered at Mountain Ridge ranging from 1,968 to 2,850 square feet and boasting 2.5 baths, one-or two-car garages, as well as designer interior appointments such as walk-in closets, gourmet kitchens and full finished basements included in the purchase price.

Homes at Mountain Ridge have been designed to reflect the natural beauty of Panther Valley, which is defined by rolling hills and heavily wooded terrain. Each townhome building will combine design elements with country-inspired details to create streetscapes of enormous grace and flair.

“Our unique location at the top of a mountain provides panoramic views of the surrounding countryside to strengthen the tranquil, small-town environment,” adds Ms. Schlip.

The striking new community is part of Panther Valley and its world-class recreational amenities. Residents will enjoy two sparkling lakes, two beautiful pools with a third to come, a wealth of tennis courts and the 18-hole Panther Valley Golf & Country Club located within the gated Panther Valley community and available on a membership-only basis.

Mountain Ridge homeowners will also appreciate the community’s convenient location, which offers a quick trip to the array of business, cultural and entertainment opportunities throughout northern New Jersey and beyond. The community is located in close proximity to a several major highways, including Routes 80, 287 and 78.

“If its outdoor recreation they seek, Mountain Ridge is in the heart of one of New Jersey’s natural havens,” Ms. Schlip indicates. “The community lies in the shadows of the Allamuchy and Stephens Mountains, while the 70,000-acre Delaware Water Gap is nearby where fishing, boating, camping, kayaking and more can be found. “

Shopping, fine dining and entertainment are also close at hand at the Rockaway Townsquare Mall, which features several national retailers and department stores. Local shops and boutiques can also be found in historic downtown Morristown and Parsipanny.

For additional information on Mountain Ridge at Panther Valley please call 908-852-0016or visit http://Town.HomesAtMtnRidge.com. To visit, go on Route 80 West. Take exit 19 for County Highway 517 towards Hackettstown. Turn left at County Highway 517/County Road 517. Turn right at Bald Eagle Road. Proceed to gatehouse and ask for Mountain Ridge at Panther Valley.

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